Anthropic’s Annualized Revenue Surges to $65 Billion
· Technology · TechCrunch, Bloomberg
Anthropic’s annualized revenue run rate surpassed $65 billion at the end of July, accelerating from $47 billion in May and $9 billion at the end of last year. Investors expect the AI model maker to finish 2026 between $100 billion and $120 billion. Meanwhile, rival OpenAI has doubled its revenue to $40 billion, up from $20 billion at the end of 2025. Both companies have filed confidential IPO paperwork, with Anthropic expected to hit public markets as soon as this fall. Anthropic will seek a public valuation of $2 trillion or more, which would mark the largest market debut on record after last being valued at $965 billion in late May.
Why it matters
This rapid revenue acceleration highlights the immense capital flowing into generative AI leaders as they prepare for historic public market debuts. The anticipated $2 trillion valuation sets a new benchmark for tech sector market entries.
Read the original report — TechCrunch
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